January 15, 2022
Weekend Reads: The Implications of Germany's Nuclear Shutdowns; Elon Musk's SpaceX Explores Carbon Capture
It's the weekend! Kick back and catch up with these must-read articles from around the web.
How To Grow U.S. Offshore Wind Power (Clean Technica) The U.S. Department of Energy today announced the release of a report that outlines regional and national strategies to accelerate U.S. offshore wind deployment and operation. The report summarizes the current status of offshore wind in the United States, describes challenges to accelerating its deployment, and identifies strategies to secure United States global leadership in the industry. Implementing the strategies discussed in the report could help the country achieve the interagency goal to deploy 30 gigawatts (GW) of offshore wind by 2030, which would support 77,000 good paying jobs, catalyze $12 billion per year in capital investments, revitalize ports, cut 78 million metric tons of carbon dioxide emissions, and unlock a pathway to 110 GW offshore wind by 2050.
Germany Quitting Nuclear Doesn’t Doom the Energy Transition (Bloomberg) The last few months have been a rollercoaster for energy markets in Europe. Even before winter began, traders were freaking out that the continent might run out of natural gas before spring. Some even bought the fuel at 10 times the average price in 2020. In the middle of all that, Germany moved ahead with a plan to shut off nearly 50% of its nuclear power plants, with the rest scheduled to close by the end of 2022. Some asked how a climate-forward country could lay waste to a source of zero-carbon power, especially when there’s a shortage of it. Others pointed out that Germany’s renewables investments are for naught if it has to fill up the nuclear quota using dirty coal.
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